Data analytics show growth in both dollar and volume sales for plant-based proteins, though it is important to note sales of fake meats remain a fraction of the traditional total fresh and frozen meat category.
The COVID-19 Pandemic affects more of the country on a daily basis, forcing the closure or slowdown of packing plants, and impacting producer’s bottom lines. Here’s the latest around the beef industry.
Without question fed cattle and beef sales are currently hinged entirely on the packing sector’s ability to process cattle. Throughput has not been good with last week’s federally inspected head count at 502K head.
Producers watch to see if retail beef demand will continue its slow decline as consumers’ freezers are now packed with meat. There’s a discussion on market manipulation and if there’s a need for an investigation.
Moving from his Nebraska ranch to Washington D.C., was an eye-opener for Greg Ibach, USDA undersecretary of marketing and regulatory programs, when he saw how much food labeling says to beef consumers.
A New Zealand beef company launches an aggressive campaign designed to court American consumers. Touting the attributes many consumers say they desire, Silver Fern Farms provides a glimpse of your foreign competition.
We ended 2019 with 72% of the harvest reaching Choice grade and 8.6% Prime. There’s more premium beef on the market than ever. Could we be approaching our destination, maybe even delivering too much of a good thing?
U.S. beef exports continue to remain strong, according to USMEF. The Federation released its year-end numbers on 2019 export sales last week, and it says beef exports are down slightly from the record year of 2018.
Researchers from the College of Veterinary Medicine have developed a faster, more efficient method of detecting Shiga toxin-producing E. coli, or STEC, in ground beef, which often causes recalls of ground beef.